Forming strategic partnerships with upcoming projects
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Forming strategic partnerships with upcoming projects

Federal Land NRE Global, Inc.’s commitment to redefining urban living manifests through its three upcoming noteworthy projects: Riverpark Cavite, Met Park Pasay and The Observatory Mandaluyong.

Federal Land strives to make a difference in the Philippine real estate landscape with developments that embody its vision of a brighter and more sustainable future in collaboration with Nomura Real Estate Global, Inc.

Federal Land NRE Global, Inc.’s commitment to redefining urban living manifests through its upcoming three noteworthy projects:

MET Park in Pasay lounge. | PHOTOGRAPHS COURTESY OF FEDERAL LAND

Riverpark Cavite

Located in Cavite, this residential neighborhood within Federal Land’s Riverpark community introduces a Japanese-inspired haven tailored to starting families.

Riverpark Cavite embraces lot sizes ranging from 300 to 527 sqm. This residential enclave harmonizes the aesthetics of Japanese design with contemporary family requirements.

Riverpark Cavite is expected to be completed within two to three years with its horizontal arrangement.

Tom Mirasol, Federal Land chief operating officer and president; Yusuke Hirano, FNG vice chairman; Ar. Gilbert Berba, FNG head of Urban Planning and Design Group; and Yasuhiro Ohira, FNG Senior Management advisor.

Met Park Pasay

Nestled in the bustling Bay Area, Met Park Pasay reimagines modern living with a youthful and balanced touch.

This mixed-use neighborhood offers various sizes catering to diverse lifestyles, from compact studio units at 31 to 32 sqm to spacious three-bedroom penthouses at 152 to 220 sqm.

The Observatory Mandaluyong

Situated in Mandaluyong City, The Observatory presents a modern retreat in a strategically advantageous locale.

With unit sizes spanning from compact studios at 26 to 33 sqm to expansive penthouses at 155 to 202 sqm, The Observatory caters to diverse preferences, integrating modernity with an inviting retreat, promising a holistic urban living experience.

The Observatory is targeted to be done in five to six years.

THE Observatory in Mandaluyong.

“These projects are just the beginning of plans to realize in the next 30 years. Our focus is on creating milestone developments that will continue to integrate Japanese inspiration with the Filipino sensibility, differentiated by the coming together of cultures resulting in smart and sustainable cities that aim to create value in townships. That is the promise of excellence — one we are confident to deliver,” Thomas Mirasol, Federal Land chief operating officer and president, said.

At the core of these developments are brand pillars brought by the union of Federal Land, Inc. and Nomura Real Estate Development Co., Ltd.: 1. Japanese: From project concept and design, the seamless integration of nature into the development, to the Japanese cultural trait of putting clients at the forefront, FNG prioritizes the creation of spaces that cater to the diverse needs of modern urban dwellers; 2. Innovation: FNG integrates Japanese innovation into its projects through well-thought-of design, architecture and features; and 3. Collaboration: FNG will continue to forge partnerships with local and global brands, companies and individuals to enhance the lives of its future communities.

Federal Land, Inc. is a wholly-owned subsidiary of GT Capital Holdings, a listed major Philippine conglomerate whose investment holdings include Metropolitan Bank & Trust Company (Metrobank), Toyota Motor Philippines Corporation, Toyota Manila Bay Corporation, Toyota Financial Services Philippines Corporation, Sumisho Motor Finance Corporation, GT Capital Auto and Mobility Holdings, Inc., JBA Philippines, Inc., Premium Warranty Services Philippines, Inc., Philippine AXA Life Insurance Corporation and Metro Pacific Investments Corporation.

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Frequently Asked Questions

Find answers to your queries from the categories below.

General Question
Can a foreigner purchase a condominium unit in the Philippines?

Yes, foreigners are allowed to own condominium units in the Philippines, as stated in Section 5 of Republic Act No. 4726, otherwise known as the Condominium Act.

Yes, on the condition that the parent or legal guardian signs the contract on behalf of the minor. Please contact us for more details.

Yes, you can upgrade your purchase. The Developer will first check if the preferred unit is still available. If it is still available, the Buyer will be required to submit a written request. Once the request is approved, a new contract will be drawn up for the upgraded unit.

Yes. The process to downgrade is similar to that of upgrading a unit purchase. However, all expenses incurred by the Developer (commission, incentives, penalties, downgrading fee, etc.) shall be deducted from the Buyer’s original contract price, in favor of the Developer.

What are the available payment terms?

There are several payment terms available – Cash Term, Bank Financing Term, Deferred Cash/Installment Term, and No Down Payment Term. Please contact us for more details as the availability of these payment terms also vary per project.

Yes, you may change or restructure your selected term, but this will also be subject to Management’s approval and we will be charging a minimal processing fee.

Yes, we accept payment in US dollars. The exchange rate shall be based on the date the payment is credited to the Developer’s account.

On or before the due date of the first (1st) monthly amortization, the Buyer is required to submit Postdated Checks for the remaining monthly amortizations (that is, until the end of the payment term).

The developer adheres to provisions as stipulated in Republic Act No. 6552 or the “Realty Installment Buyer Protection Act,” also known as the Maceda Law. This law states that when the Buyer has paid at least two (2) years of installments, the seller/developer shall refund 50% of the total payments made if there is a cancellation on the purchase. For payments less than two years, the provisions as stipulated in the Contract to Sell will prevail.

How much is the reservation fee?

Reservation fees vary per project from Php ____ to Php ______.

Requirements to officially reserve a unit or lot are as follows:

1. Full payment of the Reservation Fee

2. Photocopy of one (1) valid government-issued IDs of Principal Buyer/s and Spouse/s (if applicable). Valid government-issued IDs with photos and signatures:

  • Passport
  • Driver’s License
  • GSIS ID
  • SSS ID
  • Professional Regulatory Commission ID
  • Tax Identification Number ID card
  • Senior Citizen ID
  • Postal ID
  • Photocopy of TIN ID card or BIR validated 1904 form

3. Fully accomplished and signed Reservation Application

4. Fully accomplished Buyer’s Information Sheet. For purchase under a Corporation, the following additional documents are required:

  • Articles of Incorporation and By-Laws (photocopy)
  • Secretary’s Certificate indicating the name of authorized signatory (notarized)
  • BIR-validated 1903 or copy of Certificate of Registration
  • For the authorized signatory to submit items 2 and 3 above

The reservation is valid for thirty (30) calendar days from the settlement of reservation fee. Kindly submit all the required documents to finalize the unit booking.

No, the reservation fee is non-refundable and non-transferrable. As stated in the Reservation Application, the reservation fee will be forfeited in favor of the Developer if no succeeding payments are received.

Will I be allowed to inspect the Unit before the actual turnover?

Yes, the Hand Over Team will coordinate with the Buyer on the schedule of unit inspection.

Yes, the Buyer may assign a representative to accept the unit on his behalf thru a notarized Special Power of Attorney (SPA). The SPA is also required to bring a valid ID plus photocopy.

Yes, you may have your unit leased out.

Monthly Association Dues vary per project, depending on the operating expenses of the building. Association Dues are used to defray the cost of maintaining and operating the building’s common areas and facilities. These costs include administration/management fees, janitorial, security, taxes and licenses, insurances, real estate tax, maintenance of equipment water distribution, garbage collection, maintenance of sewage treatment plant, and other miscellaneous expenses.

The unit turnover will be scheduled when all the following conditions are met:

  • Full payment of the contract price (including penalties and interests, if applicable)
  • Complete submission of all the required sales documents (listed above)
  • Payment of related Advance Registration Charges (ARC).

No, this is not allowed. Buyers are encouraged to either avail of bank financing (with accredited banks) or in-house financing to pay the unit in its entirety.